The Law of Securities, Commodities and Bank Accounts
Show Less

The Law of Securities, Commodities and Bank Accounts

The Rights of Account Holders

Marek Dubovec

In this unique study Marek Dubovec examines contemporary commercial relationships between investors and their intermediaries – relationships based on accounts that hold intangible rights to securities, funds, and commodity contracts. Such accounts have replaced the traditional physical possession and delivery of tangible objects, such as security certificates, coins, and commodities that were previously used in commercial relationships.
Buy Book in Print
Show Summary Details
You do not have access to this content


Marek Dubovec


This book attempted to explore and analyse the fundamental features and legal aspects of an emerging trend in commercial practice, which is the holding of assets in accounts with intermediaries. Such holding is a relatively new structural and legal phenomenon based on principles developed over the millennia. In the last couple of decades, the holding systems for rights to securities, funds and commodity contracts have become not only integrated within the commercial marketplace but have also overshadowed many other traditional areas of commercial law. Local and international legislators no longer attempt to modernize the law of negotiable instruments, payments by check, deposits, bailments or paperbased documents of title; instead their focus is gradually shifting to the law of account relationships.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.